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WU

The Western Union Company

5/22/2013, 4:21 AM ET

Quote & Headlines Market Currents StockTalk

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Tuesday, May 21, 5:40 AM Goldman Sachs lifts its forecasts for the S&P 500 (SPY), as David Kostin and company now say they expect the index to gain 5% by year-end to 1,750, 9% to 1,900 in 2014, and 10% to 2,100 in 2015. The rationale: expectations of above-trend real GDP growth beginning next year (Mr. Evans' "escape velocity" ?) coupled with P/E multiple expansion to 16x. Furthermore, dividends should rise ~30% over the next two years, bolstering the firm's claim that dividend-paying equities (DVY) are one of the only places U.S. investors can look to for income-generation. Some of GS's dividend picks, as listed on MarketWatch: Mattel (MAT), Ford (F), Philip Morris (PM), Walgreen (WAG), Chevron (CVX), U.S. Bancorp (USB), GE, Western Union (WU), Dow Chemical (DOW), and AT&T (T). 10 Comments
Monday, May 13, 9:16 AM Western Union (WU) is getting the Barron's bounce after being profiled by the publication as a stock that could shoot into the twenties and stay there as the company's business accelerates this year. WU +3.3% premarket to $16.51. 1 Comment [Consumer, On the Move]
Tuesday, April 30, 4:18 PM Western Union (WU): Q1 EPS of $0.37 beats by $0.05. Revenue of $1.3M (-5% Y/Y) misses by $50M. (PR) Comment! [Consumer, Earnings, Breaking News]
Sunday, March 31, 11:33 AM What makes a good share buyback? Barron's cites four factors: i) Shares are in a downtrend. ii) It's a long-term strategy and not a short-term fix ( = >1% share count reduction/quarter). iii) Shares are cheap based on price-to-book. iv) The company has a rising dividend. The stocks that pass the test? Wellpoint (WLP), Seagate (STX), Western Union (WU) and AT&T (T). 31 Comments [Quick Ideas, Dividends]
Thursday, February 21, 6:37 PM The Western Union Company (WU) declares $0.125/share quarterly dividend, in line with previous. Forward yield 3.60%. For shareholders of record Mar. 15. Payable Mar. 29. Ex-div date Mar. 13. (PR) Comment! [Dividends]
Friday, February 15, 5:00 PM Xoom (XOOM) IPO buyers can't complain about the company's first day of trading. Shares continued to rally following a sizable pop at the open, and finished the day at $25.49, up 59.3%. Western Union (WU +1.8%) and MoneyGram (MGI +0.8%) may have received a slight boost from the offering. (previous: I, II) Comment! [Tech, On the Move, Financials]
Friday, February 15, 10:04 AM Online money transfer service Xoom (XOOM) has priced its IPO at $16, above a prior range of $13-$15. That gives Xoom, which is selling 5.2M new shares and 1.1M on behalf of insiders, a valuation of $509M. The company posted 2012 revenue of $80M (+60% Y/Y) and a net loss of $5.8M. Gross sending volume rose 90% to $3.25B. For reference, incumbents Western Union (WU) and MoneyGram (MGI) respectively had 2012 sales of $5.66B and $1.34B. (S-1) Comment! [Tech]
Tuesday, February 12, 4:08 PM Western Union (WU): Q4 EPS of $0.40 beats by $0.05. Revenue of $1.4B (flat Y/Y) in-line. WU -0.7% AH. (PR) Comment! [Consumer, Earnings, Breaking News]
Tuesday, February 12, 12:10 AM Notable earnings after Tuesday’s close: ACC, AXLL, BWLD, CLF, CLWR, DDR, FRT, FTI, HTS, LPSN, NRP, NTGR, RAX, RENN, RKUS, SCI, SGEN, SKT, SVM, THRX, TRLA, WU, XNPT 1 Comment [Earnings]
Monday, February 11, 5:35 PM Notable earnings after Tuesday’s close: ACC, AXLL, BWLD, CLF, CLWR, DDR, FRT, FTI, HTS, LPSN, NRP, NTGR, RAX, RENN, RKUS, SCI, SGEN, SKT, SVM, THRX, TRLA, WU, XNPT 1 Comment [Earnings]
Friday, February 8, 7:05 AM The shareholders are getting restless at Western Union (WU), according to analysts. The biggest criticism aimed at the company is that it isn't adjusting fast enough to a money transfer industry which is going digital. It appears CEO Hikmet Ersek has until the end of the year to show progress before shareholder activism picks up. 1 Comment [Consumer]
Wednesday, February 6, 9:59 AM Western Union (WU -0.4%) signs a three-year agreement with Walmart Canada to continue to offer its money transfer services at 330 location in Canada. Comment! [Consumer]
Tuesday, January 29, 8:48 AM Western Union (WU) says it will expand its direct-to-bank platform to include China within the next couple of months. In addition, the company has extended its global payments network to allow digital transactions from Canada. The company's broad goal is to tap into the large number of people who live abroad and send money back to their home nation. Comment! [Consumer]
Friday, January 11, 4:18 PM Online international money transfer service Xoom is filing for a $50M IPO under the ticker XOOM. Xoom, which competes most directly with Western Union (WU) and Moneygram (MGI), is stocked with ex-PayPal execs and saw $3.25B worth of gross sending volume in 2012 (up over 3x Y/Y). It generated revenue of $57.8M (+68% Y/Y) over the first 9 months of 2012, and a net loss of $4.4M. Xoom's filing comes at a time when PayPal and Moneygram are drawing closer. (S-1) 1 Comment [Tech]
Wednesday, October 31, 2012, 12:45 PM Midday top 10 gainers: SHF +46%. WRC +37%. OPNT +29%. RRGB +25%. MPAC +23%. RCON +23%. HNSN +20%. CVLT +20%. ARWR +20%. GPRE +19%. Midday top 10 Losers: IQNT -35%. OXF -31%. BCRX -29%. WU -28%. PBIB -25%. CRNT -24%. CHRM -20%. CBAK -18%. RVBD -19%. NBG -18%. 2 Comments [On the Move]
Wednesday, October 31, 2012, 9:48 AM Western Union (WU -25.5%) plunges after a miss on earnings and a cut in guidance that has brought in a rash of analyst downgrades. Notable Calls warns investors to stay clear of a value play with word out the company's business model is "broken." 11 Comments [Consumer, On the Move]